Geode Capital Management LLC Sells 60,792 Shares of Lennox International, Inc. $LII

Geode Capital Management LLC decreased its holdings in shares of Lennox International, Inc. (NYSE:LII) by 6.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 879,853 shares of the construction company’s stock after selling 60,792 shares during the period. Geode Capital Management LLC’s holdings in Lennox International were worth $425,675,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in LII. MUFG Securities EMEA plc bought a new stake in shares of Lennox International during the 2nd quarter valued at $54,000. Bessemer Group Inc. raised its position in shares of Lennox International by 52.8% during the 3rd quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock valued at $59,000 after acquiring an additional 38 shares during the last quarter. AdvisorShares Investments LLC raised its position in shares of Lennox International by 167.4% during the 3rd quarter. AdvisorShares Investments LLC now owns 115 shares of the construction company’s stock valued at $61,000 after acquiring an additional 72 shares during the last quarter. Torren Management LLC bought a new stake in shares of Lennox International during the 4th quarter valued at $70,000. Finally, Tobam raised its position in shares of Lennox International by 545.8% during the 3rd quarter. Tobam now owns 155 shares of the construction company’s stock valued at $82,000 after acquiring an additional 131 shares during the last quarter. Institutional investors own 67.07% of the company’s stock.

Analysts Set New Price Targets

LII has been the subject of several recent research reports. Oppenheimer upped their target price on shares of Lennox International from $630.00 to $645.00 and gave the company an “outperform” rating in a research report on Thursday, March 5th. Barclays dropped their target price on shares of Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Vertical Research upgraded shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price for the company in a research report on Thursday, April 30th. Wall Street Zen upgraded shares of Lennox International from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, BNP Paribas Exane started coverage on shares of Lennox International in a research report on Tuesday, April 14th. They set a “neutral” rating and a $535.00 target price for the company. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Lennox International presently has a consensus rating of “Hold” and a consensus price target of $575.46.

Lennox International Price Performance

LII opened at $502.35 on Monday. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 0.94. Lennox International, Inc. has a 12 month low of $434.06 and a 12 month high of $689.44. The company has a fifty day simple moving average of $490.27 and a 200 day simple moving average of $502.87. The stock has a market cap of $17.48 billion, a P/E ratio of 22.61, a P/E/G ratio of 1.92 and a beta of 1.18.

Lennox International (NYSE:LII) last released its quarterly earnings data on Wednesday, April 29th. The construction company reported $3.35 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $0.19. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Lennox International had a net margin of 14.89% and a return on equity of 73.27%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.63 EPS. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, research analysts expect that Lennox International, Inc. will post 24.35 EPS for the current year.

Lennox International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, June 30th. This is a boost from Lennox International’s previous quarterly dividend of $1.30. Lennox International’s dividend payout ratio (DPR) is currently 23.40%.

Insiders Place Their Bets

In related news, CAO Chris Kosel sold 971 shares of the company’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $544.80, for a total value of $529,000.80. Following the completion of the transaction, the chief accounting officer directly owned 1,090 shares of the company’s stock, valued at approximately $593,832. This represents a 47.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 9.80% of the company’s stock.

Lennox International Company Profile

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.